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Home News Sites Borneo Post

Taxation policy slows down Labuan economy

March 13, 2023
in Borneo Post
Reading Time: 1 min read
Law needed to protect villagers from wild animals
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KOTA KINABALU (Mar 13): The Federal Government should review the taxation policy that contributed to the economic slowdown of Labuan Federal Territory causing the erosion of the island’s tax-free status. Party Gagasan Rakyat Sabah (Gagasan Rakyat) Vice President Datuk Masiung Banah in making the call opined that Labuan will continue to lag behind the economic

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